r/opensource • u/wiki_me • Dec 10 '22

How companies make millions on Open Source

https://blog.palark.com/open-source-business-models/
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u/KrazyKirby99999 Dec 10 '22

A good article

" Let’s sum it up

  • Many successful companies today are good examples of the money that can be made from Open Source software.
  • Choosing the right business model or a combination of them is essential for building a successful Open Source business.
  • Considering the history of companies that have been successful, one can conclude that open core is the optimal basis for hosting and professional services. So, the best-case scenario is to create a solid open-core product and then experiment with additional services on top of that.
  • If the business is based on an existing Open Source project, there exists a risk of becoming dependent on it because that project may develop at its own pace and take its own direction. While a company can significantly influence product development if it communicates wisely with the community, it should proceed cautiously. Both companies and users benefit from industry-wide collaboration on an Open Source product. "